A federal judge moved to seize Nancy New's Sheffield Drive house. U.S. District Judge Carlton Reeves issued the following order yesterday:
JJ reported in 2021:
A federal grand jury indicted Nancy and Zach New on 17 counts of conspiracy, wire fraud, aggravated identity theft, and monetary transactions with proceeds of illegal activity. The indictment is posted below. These indictments are not a repetition of the DHS scandal but accuse the News of bilking the Mississippi Department of Education for MAEP funds for New Summit schools.
The indictment charges the News submitted phony claims to MDE for reimbursement of MAEP funds. The defendants allegedly filed claims for teachers who no longer worked at New Summit, employees who were not teachers, a person who was never a school employee, and students who longer attended or never attended the school. The indictment states the fraud occurred from 2017 to 2020 and involved $4.7 million.The indictment provides a list of the transactions (p.3).
The alleged fraud covered identity theft as well. The News allegedly used the names and Social Security numbers without permission to submit phony claims. A series of withdrawals occurred in the spring and summer of 2019. Ms. New used the cash to purchase a home on 1800 Sheffield Drive in Jackson in June 2019.
Hinds County property records state Ms. New still owns the home. The home is assessed at nearly $200,000 but it undoubtedly has a much higher market value. The indictment states the feds will seek the forfeiture of assets gained through the use of fraudulent means.
New pleaded guilty to wire fraud in 2022. New faces a maximum sentence of a $250,000 fine and/or a prison sentence of 10 years. She agreed to forfeit her home on Sheffield Drive as it was gained through fraud. New's sentencing was postponed until the conclusion of the Ted Dibiase, Jr. case.
11 comments:
Will Raider Nation ever survive this shame?
America abolished debtor prison until they didn't
It will auction at a bargain price as it is in Jackistan, yes, behind JA, but still in Jackistan.
Finally. It was beginning to look like nothing adverse was going to happen as a result of her actions.
Talk about a depreciating asset. Maybe it can be used as housing for the portal transfers.
Such a rich comment from someone living in a mobile home in Pearl
12:47, this has absolutely no parallels to debtor prison.
@12:58
i literally live in the same exclusive Flowood neighborhood as the governor.
Department of Human Housing has become a cash cow
mortgaged to the hilt-
In the mean time squatters will be moving in shortly and burning it down with a warming fire on the carpet.
Post a Comment